In a recent government meeting, discussions centered around the ongoing developments at the First National Bank building, with updates on various projects and potential new tenants. Officials confirmed that standard landscaping and parking lot improvements are set to be completed, alongside the necessary Certificate of Occupancy (CO) requirements.
A key point of discussion was the Pina agreement, which stipulates that the CO must be finalized by December 31st. However, the agreement has yet to be signed, as negotiations are ongoing. The developers have expressed interest in a franchise opportunity with Jake's Burgers, which could alter the original plans for the site.
The developers are currently awaiting a letter of intent from Jake's Burgers, expected within the next ten days. This could lead to a shift from the previously proposed multi-tenant food hall concept to a single-tenant restaurant model. The meeting highlighted the importance of this potential change, as it may impact the overall development strategy for the location.